Casino Group has completed the sale of 3 hypermarkets to Leclerc members and received 38 million euros

Following the signature in January 2019 of purchase agreements with Leclerc members, Casino Group announces that it has completed the sale transactions for the Castelnaudary (11), Anglet (64) and Castres (81) hypermarkets.

On this occasion, Casino received 38 million euros.

Other disposals are continuing according to plan, with Casino Group reminding that these hypermarket disposals are separate from the non-strategic assets disposal plan announced on 11 June 2018 and extended to €2.5 billion on 14 March 2019.

In parallel with these reductions in sources of loss, the Géant banner is continuing its transformation, in line with its strategic priorities by focusing its development on digital synergies (deployment of the Casino Max application and Cdiscount corners) and by expanding its organic offer.

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Responsible employer committed to the development of skills and the well-being of its employees, the Casino group implements innovative human resources policies, consistent with its approach to social, societal and environmental responsibility.

The Casino group is also a local community player, rooted in the regions where its stores are located.

Casino Group’s Corporate and Social policy aims at offering more responsible consumption patterns and improving the sustainability of its business model by supporting relations of trust with all the stakeholders with whom it maintains a permanent dialogue.

Inventing the world of tomorrow and creating the retail sector of the future – those were Casino Group’s objectives for its sustainable growth model. The priority: improve our impact on the world around us.

The Group deploys concrete actions on a daily basis with its banners. These actions are presented in our newsroom. Find our latest news and all of our press releases.

Historical player in the retail industry in France since 1898, No. 1 network of convenience stores and and No. 2 in e-commerce, the Casino groupe has more than 8,600 stores.

With a clear vision of changes in the sector, its ambition is to accelerate the transformation of commerce by positioning itself on future formats: proximity, premium and e-commerce.

Casino Group has completed the sale of 3 hypermarkets to Leclerc members and received 38 million euros

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